dmertz
Level 15

Retirement tax questions

In the follow-up to entering the Form 1099-R, make sure that you indicate that the distribution was NOT from a Roth IRA.  For a code 2B Form 1099-R indicating that the distribution was from a Designated Roth Account in a qualified retirement plan like a 401(k), TurboTax needlessly asks if the distribution was from Roth IRA.  If you answer Yes, which is ALWAYS the incorrect answer for a code 2B Form 1099-R, you'll end up with TurboTax flagging your entry as erroneous.

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